Texas TEKS 6.7.B
The Standard
compare and contrast free enterprise, socialist, and communist economies in various contemporary societies, including the benefits of the U.S. free enterprise system
Texas Essential Knowledge and Skills for Social Studies
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students compare who owns businesses, who sets prices, and how goods are produced and distributed across different economic systems. They explain benefits of U.S. free enterprise, including competition, consumer choice, private ownership, and opportunities to start businesses.
What Mastery Looks Like
- Given a country profile, students identify economic features and cite evidence from the profile. They compare systems accurately, recognize that many countries mix features, and explain a U.S. benefit with a clear example.
Common Misconceptions
- Students may assume every country follows one pure economic system. They may treat socialism and communism as identical, confuse government type with economic structure, or think free enterprise has no government role.
How to Assess It
- Give students three short economy profiles. Ask them to classify each, cite one supporting detail, and explain one benefit of U.S. free enterprise.
Lesson moves
Ways to Teach It
Sort cards showing private shops, state clinics, production quotas, and consumer choices into ownership, decision-making, and distribution groups, then justify each placement.
Write: Which economic feature most encourages new businesses, and why? Use one U.S. example and one example from another society.
Play Economy Evidence Relay, where teams match country profiles to economic traits and earn points only when they cite a specific detail.
Compare teacher-provided profiles of smartphone production and sales in the United States, Sweden, and China, noting business ownership, pricing, and government roles.
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Printable 6.7.B Worksheet

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Related Standards
- 4.10.B
identify examples of the benefits of the free enterprise system such as choice and opportunity; and
- 5.10.B
describe how the free enterprise system works in the United States; and
- 5.10.C
give examples of the benefits of the free enterprise system in the United States.
- 5.10
Economics. The student understands the development, characteristics, and benefits of the free enterprise system in the United States. The student is expected to...
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